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Res 1991-110
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Res 1991-110
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Last modified
7/19/2007 12:32:42 PM
Creation date
7/19/2007 12:32:42 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1991-110
Date
9/9/1991
Volume Book
104
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<br /> Page 5 <br /> 3. The number of new prospect contacts and site <br /> visits. <br /> 4. The number of existing employees whose positions <br /> are retained against probable loss directly as a <br /> result of EDC and Chamber activity. <br /> V. <br /> RECORDS <br /> A. EDC and Chamber agree to provide access to an authorized <br /> representative of City to their financial records pertaining to <br /> performance under this contract during reasonable working hours. <br /> B. EDC and Chamber agree to maintain financial portions of <br /> these records in accordance with generally accepted accounting <br /> principles. <br /> C. EDC and Chamber agree to retain the records for one year <br /> after termination of this contract. <br /> D. EDC and Chamber agree to submit to the City an annual <br /> financial report and an audit prepared by a certified public <br /> accountant. <br /> VI. <br /> The Services described in this agreement shall commence and <br /> become effective on October 1, 1991, and shall terminate one year <br /> after that date. <br /> VII. <br /> At the inception of this Agreement, the Chamber shall separate <br /> its equipment, supplies, vehicles and other assets from those <br /> purchased with EDC funds and to be used in the performance of this <br /> Agreement. The latter shall be inventoried and identified as <br />
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